Skipper Ltd
Skipper Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY '27 revenue growth guidance is 15%, with a more conservative outlook due to export challenges and delayed domestic bidding. Future Growth Expectations for Skipper Limited: - FY '27 revenue growth guidance: Conservative 15% increase due to export execution challenges and delayed bidding activities.
From Skipper Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY '27 revenue growth guidance is 15%, with a more conservative outlook due to export challenges and delayed domestic bidding.
- From FY '28 onward, expected growth will rebound to 20-25% annually.
- Polymer Products business has seen ~40% volume growth despite market challenges, with ongoing expansion in non-Eastern markets.
- Capacity expansion of 75,000 MTPA expected to come online by Q2 FY '27, reaching significant utilization by Q3, adding roughly INR1,000-1,200 crores revenue yearly.
- Order book is strong (~INR8,500 crores) with a healthy bidding pipeline (~INR33,000 crores) and a historical 20-25% conversion ratio.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Skipper Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Skipper Limited is undertaking a capacity expansion of 75,000 MTPA expected to come live by Q2 FY '27, with full utilization likely in 1-2 quarters thereafter.
- This expansion is projected to add approximately INR 1,000 to 1,200 crores in yearly revenue.
- Post this 4,50,000 MTPA capacity, another two phases of 75,000 MTPA expansions are planned across FY '27 and FY '28, aiming to reach 6 lakh metric tons capacity by FY '28.
- FY '27 capex guidance is around INR 250 crores, similar to previous years.
- The company is focusing on scaling capacity in line with execution capabilities and engineering manpower growth.
2 more points management made on capital expenditure plans
Top-ranked in Electrical Equipment
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Skipper Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at around INR 8,500 crores.
- The domestic order book is predominantly from Power Grid Corporation of India Ltd (PGCIL), constituting over 90%, with less than 10% from private players like Tata Power and Adani, where the company aims to increase presence.
- The bidding pipeline is healthy at approximately INR 33,000 crores, with a historical conversion ratio of 20-25%, implying potential order inflows of about INR 8,000-8,500 crores.
- Around 60-65% of the bid pipeline is domestic, with the balance from export markets.
2 more points management made on order book & pipeline
Skipper Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.7K Cr, net profit ₹76 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Skipper's management said in earlier quarters
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Frequently Asked Questions
What were Skipper Ltd Q4 FY26 results?
FY '27 revenue growth guidance is 15%, with a more conservative outlook due to export challenges and delayed domestic bidding. Future Growth Expectations for Skipper Limited: - FY '27 revenue growth guidance: Conservative 15% increase due to export execution challenges and delayed bidding activities.
What is Skipper Ltd share price analysis?
Skipper Ltd currently shows a neutral. The stock trades at a P/E of 28.8 with a market cap of ₹6,195 Cr. Investors should review the full earnings analysis for detailed insights.
Is Skipper Ltd planning capital expenditure?
Skipper Limited is undertaking a capacity expansion of 75,000 MTPA expected to come live by Q2 FY '27, with full utilization likely in 1-2 quarters thereafter.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.